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Credit insurance

Credit risk insurance protects the client against loss of regular income and thus against inability to pay obligations ensuing from a loan agreement. Thus it helps in dealing with certain difficult situations that life can bring.

  • protection against loss of regular income – You will have the possible risk of inability to repay the loan fully under control
  • insurance coverage against the risks of death by any cause and loss of employment
  • by agreeing to insurance for a mortgage loan you will receive a 0.3% p.a. discount on the interest rate
  • insurance for mortgage loans now can be agreed at a lower introductory price
  • credit insurance is part of the loan agreement, and thus no special insurance contract or assignment of insurance proceeds is necessary

 


* In the case of self-employed persons or employees with a work contract for a fixed period, death by any cause and long-term inability to work are covered.

 

Type of loan
  • Mortgage loan
  • Consumer loan
Premium (percent of initial loan amount)
  • 3%, but current introductory premium is just 2.5%
  • 0.1167% x length of the loan in months
Start of coverage
  • rawdown start date
  • Date of concluding the contract
Duration of the insurance
  • 60 months
  • for the entire duration of the loan
Method of payment
  • lump sum at the start of the insurance (by increasing loan principal or by direct payment from the client’s current account)
Covered risks employees with a work contract for an indefinite period
  • death by any cause and involuntary loss of employment
self-employed persons and employees with a work contract for a fixed period
  • death by any cause and inability to work

Are you interested in this product? Choose the way of contacting us that suits you the best.

On-line

Write to us at any time using our contact form.

At a branch

Schedule a meeting at your nearest branch.

By telephone

We are at your disposal on our toll-free line
800 144 441
(7 a.m.–10 p.m. daily).